Thursday 9 March 2017

Share Investment Tips : Ezra receives statutory demand for claim of over US$3.2 mil

Image result for Ezra Holdings

Ezra Holdings, the seaward and marine gathering, reported on Thursday night that it has gotten a statutory interest for a claim from the specialists of VT Halter Marine Inc (VTH) which is a piece of the ST Engineering bunch. 

The claim is for an entirety of over US$3.2 million ($4.5 million) together with collecting interest that is professedly due and owing by Ezra as parent corporate underwriter for the credit understanding went into on Feb 26, 2015, amongst VTH and Emas Chiyoda Subsea Inc (ECS US), in the past Emas AMC Inc. 

ECS US is an entirely claimed auxiliary of Emas Chiyoda Subsea (ECS), Ezra's 40% possessed partner. 

The statutory request expressed that if installment for the entirety requested is not paid specifically to VTH inside 21 days, VTH may apply for Ezra to be ended up on the ground that Ezra can't pay its obligations. 

Ezra said it is looking for lawful counsel in regard of the statutory request and evaluating the effect on the gathering. 

Shares of Ezra last exchanged at 1 penny.

SGX Market Hot Stock of the Day:
  • CapitaLand
  • ISR Capital
  • Global Logistic
  • YZJ Shipbldg SGD

No comments:

Post a Comment